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Hola Global to expand overseas operations
Noida-based apparel wholesaler Hula Global aims to expand its business overseas. Founded in December 2018, the company is currently negotiating with a large US brand for an exclusive manufacturing contract for one of their brands. It is also planning to launch a service to enable Indian manufacturers launch their private labels in the US market.
Hula Global operates on a unique modular manufacturing model which helps it eliminate intermediaries and pay factories more. The company started as an online fashion brand in 2014, informs Karan Bose. It later pivoted to modular manufacturing and is currently a private label manufacturer for some of the well-known global brands besides owning six brands.
Hula Global’s first step is to understand customers’ challenges and try to solve them. It has a team of in-house designers to support brands in designing process. The company also helps brands generate cost savings.
New York 2021 Summer Textile Shows to introduce new sourcing concept
The 2021 Summer Edition of the New York Textiles Shows—Texworld New York City, Apparel Sourcing New York City and Home Textiles Sourcing —will be held with a new sourcing concept in a new location. As per Sourcing Journal, the events will not have any physical exhibitors at the Starrett-Lehigh Building in West Chelsea from July 20 to 22. The innovative sourcing showroom will help exhibitors showcase their textiles and finished goods without physically being present at the event.
Curated by New York-based trend agency, The Doneger Group, the Sourcing Showroom will be transformed into a modern gallery of textiles and finished apparel, highlighting the Fall-Winter 2022-23 trends. Visitors will explore thousands of fabrics, apparel and accessories from global suppliers in more than 25 countries, including India, Pakistan, Turkey, China, Portugal, Taiwan and South Korea.
Each textile will be equipped with a QR code directly linking the buyer to the exhibitor’s virtual space where an immediate conversation can be made with the supplier and a more detailed list of product information can be found.
The well-known educational programs, the Lenzing Seminar Series and Textile Talks, will remain an integral part of the show, as well as the highly regarded Trend session with Kai Chow of The Doneger Group. The programs will be streamed live at the Starrett-Lehigh Building during show hours.
Indonesia’s textile and garment industry confronts several challenges
The Indonesian textile and garments industry is facing several serious challenges. COVID-19 crisis has led to loss of 65 per cent textile jobs. Also, there is a structural lack of new investment in the industry in recent years. Despite challenges, Indonesia ranks sixth amongst the world’s biggest textile producing countries as per worldwide textile output in 2019. The Grand View Research report predicts the global textile market to expand at a compound annual growth rate (CAGR) of 4.4 per cent from 2021 to 2028, with growing demand for apparel from the fashion industry and further expansion of e-commerce platforms expected to drive the market over the forecast period.
Prior to the COVID-19, demand for apparels was especially driven by growth in developing countries such as China, India, Mexico, and Bangladesh. The extent to which COVID-19 crisis has disrupted this situation remains unclear.
Turkey to finalize future textile investments at TME 2021
The Turkish textile industry will finalize its future investments during the upcoming TME 2021 Fair. To be held from September 08-11, 2021, the fair will bring the entire textile world together on 250,000 sq m. To be held alongside the Techstart 2021, TME 2021 will help Turkish Textile manufacturers meet buyers from Uzbekistan, Bangladesh, Egypt, Pakistan and Indonesia.
According to the export figures announced during the pandemic process, Turkey’s textile exports grew by 42 per cent in the first quarter of 2021 compared to the same period of the previous year. Its investments in new machines helped textile manufacturers increase production by 34 per cent to over $ 1.5 billion dollars. TME 2021 will inspire the fashion industry with its trendy areas and discussion panels. It will be an important platform for brands to share their collections on an international arena. The product groups to be exhibited at the exhibition will include international participants set by a selection committee of industry professionals.
Pakistan to produce cotton in Balochistan with help from China
Pakistan is planning to produce cotton in Balochistan with China’s support, says Asim Bajwa, Chairman, China-Pakistan Economic Corridor (CPEC). As per Global Village Space, cotton will be planted on 4 million acres in Sindh where sowing on 13 per cent area has already been completed. Punjab government is giving subsidy to farmers on cotton seed and fertilizers under its subsidy program. The Punjab Seed Council has also approved 15 new cotton varieties.
Pakistan’s cotton imports in 9MFY21 have crossed its total imports for last year. The country imported cotton worth $704 billion in FY20. Nasim Usman, Chairman, Karachi Brokers Forum predicts the total import by the end of the current fiscal may reach $3 billion.
There has been a massive decline in Pakistan’s cotton production from over 14 million bales in 2012 to 5.6 million bales this year which has compelled importers to book 7 million bales for this season. From being the largest producer of cotton, Pakistan has slipped to being the fifth largest in the world and the third largest cotton consumer.
Bestseller report ensures responsible production in Myanmar
An independent report commissioned by the Danish fashion company Bestseller ensures its adherence to responsible production processes in Myanmar. The report was put together by independent lawyer Jonas Christoffersen, who previously spent 11 years as the director of the Danish Institute for Human Rights. The report affirms Bestseller has lived up to its corporate social responsibility in accordance with the highest international standards in relation to its activities in Myanmar.
The report also underlines the people of Myanmar are plagued by extreme poverty and international companies have a clear responsibility to continue to secure jobs in the country. It recommends Bestseller should its resume its activities in Myanmar as soon as possible as the country needs foreign investment and trade.
The report further says, Bestseller has lived up to the UN’s recommendations with regards to conducting responsible business in Myanmar. It has fostered decent working conditions in the country and lived up to the highest international standards for corporate social responsibility. The brand has also abided to the EU’s sanctions – including those that the EU enacted recently.
Bestseller has conducted business in Myanmar for many years and has completed many social programs there. The brand conducts regular due diligence on the over 30 Myanmar-based factories that are part of its supply chain. This work ensures trade unions can operate effectively, all wages are paid and other central rights are protected.
Xinjiang apparel firms explore domestic sales channels amid global crackdown
The crackdown on Xinjiang apparel firms has encouraged them to explore domestic sales channels within China. As per a Global Times report, China Colored-Cotton Group is focusing on the domestic market like an agricultural enterprise which is cooperating with Alibaba's Tmall to expand domestic market sales.
Similarly, a public cotton company in Xinjiang that engages in cotton picking, gathering, cleaning, processing, embossing and packaging invested in independent research and development of new products and domestic procurement. It has introduced a cotton picker that is 30-40 percent more efficient than ordinary machines, and costs less than two-thirds of the price of its American counterparts, while the performance is almost the same.
Xinjiang machine-picking rate has exceeded 90 per cent, reveals ata released by the Department of Agriculture and Rural Affairs of Xinjiang. The rate is expected to reach 88 per cent in whole Xinjiang this year, said the agriculture ministry. China produced 5.91 million tons of cotton in 2020, of which Xinjiang produced 5.16 million tons, accounting for 87 per cent. China's demand for cotton reached about 8 million tons last year, as per statistics from China Cotton Industry Association.
Demand for TPU Evolution coated yarn by CoatYarn increases
Brescia based CoatYarn is seeing increased demand for TPU Evolution coated yarn, used by leading brands in multiple applications, including protective garments, accessories, outerwear, sportswear and shoe uppers, bags, suitcases, and indoor and outdoor furniture.
As per Cristina Parimbelli, Sales and Marketing, Coat Yarn, TPU Evolution is a solvent-free, 100 per cent Italian made yarn whose coloring process doesn’t require any water use. TPU Evolution is used in knitted and protective garments, accessories, outerwear, sportswear and shoe uppers, technical industrial wear, bags, suitcases, indoor and outdoor furniture. It is also used in heavier industry and automotive sectors, adds Parimbelli.
Available in many versions and counts, TPU Evolution generates different results on the fabric processed, depending on the type of finishing. After the finishing process, the easy-to-cut fabric guarantees the dimensional stability of the product, as well as optimum breathability before reaching the waterproof stage.
TPU Evolution is UV stable and is said to enhance colors. According to CoatYarn it is ‘sensationally soft’ to the touch, and shows excellent resistance to abrasion, hydrolysis, microbial attack, solvents, oils and fats. It is also thermally mouldable.
Founded in 2019, CoatYarn is a coated yarn producer and a sister company of Expotex, a technical textile distributor, which has been active in the textile field for over 30 years. The company aims to make its products as sustainable as possible and is always on the lookout for new ways to reduce its ecological footprint.
Bangladesh to extend Alliance and Accord agreements internationally
Bangladesh plans to extend its Alliance for Bangladesh Worker Safety and the Bangladesh Accord on Fire and Building Safety agreements internationally. Both agreements were set up in the aftermath of Rana Plaza with a five-year remit to significantly improve the safety conditions in around 2,300 garment factories. The Accord, which was extended, ends its tenure in May 2021. Its technical responsibilities have transitioned to the national RMG Sustainability Council (RSC), which was set up last year, but brands and retailers have no legally binding obligation to it.
Michelle Russell, Apparel Correspondent, GlobalData says, it is important to continue progress made by Alliance and Accord agreements and use them as a blueprint for other garment producing countries where worker safety is threatened.
One such country is Pakistan where 295 garment workers died when the Ali Enterprise textile factory in Karachi was gutted by a fire in September 2012. This year alone, 28 workers died in a garment factory in Morocco following flooding. The factory did not meet the necessary health and safety conditions. While in Egypt, at least 20 workers lost their lives in a fire at an unlicensed leather factory.
According to the Bangladesh Garment and Manufacturers Export Association (BGMEA), since the RSC took over in September last year, it has completed 1,821 inspections in 904 factories, and conducted ‘ICU Deep Dives’ in 202 factories. Without the full resources of the Accord during the pandemic, the RSC also reportedly performed 75 factory certifications independently.
Cotton production to reach 360 lakh bales in 2020-21
As per April estimate released by the Cotton Association of India (CAI), cotton production in the 2020-21 season is estimated to reach 360 lakh bales of 170 kg each. The total cotton supply for the months of October 2020 to April 2021 is estimated to reach 469.37 lakh bales which consists of the arrivals of 336.37 lakh bales, imports of 8 lakh bales each and the opening stock of 125 lakh bales at the beginning of the season.
Further, the CAI has estimated cotton consumption during the months of October 2020 to April 2021 to reach 190 lakh bales of 170 kgs. each while the export shipments upto April 30. 2021 are estimated at 50 lakh bales.
Stock at the end of April 2021 is estimated at 229.37 lakh including 95.00 lakh bales with textile mills and the remaining 134.37 lakh bales with the CCI, Maharashtra Federation and others (MNCs, traders, ginners, MCX, etc. including the cotton sold but not delivered).
The CAI Crop Committee has estimated the total cotton supply till end of the cotton season 2020-21 at the same level at 496.00 lakh bales upto September 30. 2021. The total cotton supply consists of the opening stock of 125 lakh bales at the beginning of the cotton season on October 01, 2020, crop for the season estimated at 360 lakh bales and the imports of 11 lakh bales The imports estimate for the previous cotton season 2019-20 was of 15.50 lakh bales
The domestic consumption estimated by the CAI has been reduced by 15 lakh bales to 315 lakh bales from its previous estimate of 330 lakh bales. The exports for the season have been estimated by CAI at 65 lakh bales which are higher by 5 lakh bales than 60 lakh bales estimated previously.












